Is 1240 Sherman Ave rent stabilized?
1240 Sherman Ave is a registered NYC rent-stabilized building in Concourse-Concourse Village, the Bronx (10456). It has about 59 apartments, built in 1927.
Also written as 1240 Sherman Avenue — or 1240 Sherman Ave, the Bronx, NY 10456.
How this building compares
With about 59 apartments it is larger than 70% of the 412 rent-stabilized buildings this site tracks in Concourse-Concourse Village. HPD lists 109 open violations here, about 1.8 per apartment — above the 0.7 per apartment median for tracked buildings in the neighborhood. Of the 451 violations on record at the address, 119 are class C — HPD's immediately hazardous grade, and 31 of them are still open. HPD issued 111 new violations at the address in the last twelve months. Tenants have filed 436 HPD complaints at the address, 93 of them in the last twelve months.
Building details
| Borough | the Bronx |
| Neighborhood | Concourse-Concourse Village |
| ZIP | 10456 |
| Year built | 1927 |
| Apartments | 59 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 2024530041 |
Owner & management
| Owner | 1240 SHERMAN AVE BRONX LLC 3397 EAST TREMONT AVE · Bronx, NY 10461 |
| Managing agent | JLP METRO MANAGEMENT INC |
Building conditions
| HPD violations | 109 open / 451 total · 111 in last 12 mo |
| HPD complaints | 8 open / 436 total |
| HPD registration last filed | August 26, 2025 |
Full building report — $9
Frequently asked questions
Is 1240 Sherman Ave rent stabilized?
1240 Sherman Ave in Concourse-Concourse Village, the Bronx is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 1240 Sherman Ave?
1240 Sherman Ave (BBL 2024530041) has about 59 residential apartments and was built in 1927, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.
Other rent-stabilized buildings in Concourse-Concourse Village
See all in Concourse-Concourse Village →